Janus Henderson Group (JHG) Projected to Post Quarterly Earnings on Friday

Janus Henderson Group (NYSE:JHG) is projected to post its quarterly earnings results before the market opens on Friday, January 31st. Analysts expect Janus Henderson Group to post earnings of $0.94 per share and revenue of $677.56 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The company’s revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.64 EPS. On average, analysts expect Janus Henderson Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Janus Henderson Group Price Performance

JHG stock opened at $43.31 on Thursday. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 0.59 and a beta of 1.50. The company’s fifty day simple moving average is $43.38 and its 200 day simple moving average is $40.08. Janus Henderson Group has a 12-month low of $28.52 and a 12-month high of $45.74.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Morgan Stanley raised their target price on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. JPMorgan Chase & Co. reduced their price objective on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Wells Fargo & Company lowered their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their target price for the stock from $42.00 to $45.00 in a report on Monday, January 6th. Finally, UBS Group boosted their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $44.75.

About Janus Henderson Group

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.